The Securities and Exchange Commission announced Monday that it fined crypto lending firm BlockFi $100 million, and now the firm plans to register with the agency to offer clients its popular high-yie...
Tag: Million
Why did the SEC impose a fine of $100 million on this crypto lending platform
United States Security and Exchange Commission is an independent agency that works for enforcing the law against market manipulation This time the SEC slapped a well known crypto lending platform, Blo...
Animoca Brands and Brinc Partner to Launch $30 Million Program
Animoca Brands announced today that the company has formed a collaboration with Brinc, a Hong Kong-based leader in global venture acceleration, to launch a $30 million program. Dubbed ‘Guild Accelerat...
LooksRare Official Team Cashed Out $30 Million Worth of Ethereum, Community Gets Mad
The team of one of the largest NFT marketplaces in the NFT industry, LooksRare, has confirmed the cash-out of $30 million worth of Ethereum coins, which made the community furious. Here’s how th...
“Reverse ISO” will see 20 million more SundaeSwap tokens given away
SundaeSwap wants to promote further decentralization on Cardano via its “reverse ISO proposal.” But what exactly is a “reverse ISO?” SundaeSwap is looking to keep the ISO party going After much hype, ...
BBVA Reaches an Agreement to Invest $300 Million in Neon
Spanish financial services firm, BBVA today announced that the company has reached an agreement to invest approximately 263 million euros ($300 million) in Brazilian digital bank Neon. With fresh inve...
Volumes on SGX Reached 20 Million Contracts in January
Singapore Exchange (SGX) released the monthly trading volumes for January 2022. Similar to other exchanges notable gains were seen. The trading volumes on SGX rose by +3% month-on-month (m/m) to 20 mi...
UK taxman siezes first NFTs in £1.4 million fraud probe
advertisement The UK’s tax body seized three non-fungible tokens (NFTs) and arrested three people on suspicion of attempting to defraud it of £1.4 million. This is a first for British authoritie...
‘Badhaai Do’ Collects $1.03 Million Over First Weekend
Rajkummar Rao and Bhumi Pednekar play lead roles in ‘Badhaai Do’. Junglee Pictures Indian filmmaker Harshvardhan Kulkarni’s latest outing Badhaai Do is a warm film that is also an essentia...
BlockFi to Pay $100 Million for Settlement with SEC and States
BlockFi has reached a settlement of a total of $100 million with the US Securities and Exchange Commission (SEC) and other state regulators, who are investigating the crypto lender for illegally offer...
Cricketers Receive Million Dollar Paydays At Indian Premier League Auction
Ishan Kishan received a massive pay day. (Photo by Pankaj Nangia/Getty Images) Getty Images The cash flowed at the Indian Premier League’s flashy mega auction on February 12-13 to illustrate the heft ...
SEC Slaps BlockFi With $100 Million Fine – Is That Too Much?
BlockFi may be forced to dig deep into its coffers and pay fines of up to $100 million. According to credible grapevines, the U.S. Securities and Exchange Commission is looking to slap the crypto lend...
North Korean Hackers Stole $400 Million in Cryptocurrency Last Year — Ether Accounts for 58% of Stolen Funds – Coinotizia
North Korean hackers stole cryptocurrency worth about $400 million last year in at least seven major attacks on crypto platforms. “Only 20% of the stolen funds were bitcoin … And for the first time ev...
Crypto Lender BlockFi to Pay $100 Million In Settlement with SEC
Settlement with SEC and states could come when one week from now BlockFi faces tests into selling unregistered protections The crypto-interest accounts aren’t federally insured BlockFi Inc. is ready t...
Bandana Wearing Cryptopunk NFT Smashes Records Selling for $23 Million in Ethereum – Markets and Prices Bitcoin News
The Cryptopunks non-fungible token (NFT) collection has seen a new record as the NFT Cryptopunk #5822 sold on Saturday for 8,000 ether or more than $23 million. The new owner of the NFT, Deepak Thapli...
This CryptoPunks NFT was sold for 8,000 ETH ($23 million)
A CryptoPunks NFT has been sold at a world record value that supersedes the ETH or USD figures splashed on any other CryptoPunks before — $24 million in Ethereum. CryptoPunk #5822 sold for 8000ETH Cry...
Crypto Lending: BlockFi to pay $100 million fine to SEC
In what is set to be one of the toughest penalties against a cryptocurrency firm, details have now emerged that the foremost crypto lending platform, BlockFi, is set to pay a fine of $100 million to t...
Ethereum NFT Sells for Eye-Popping $24 Million
Alex Dovbnya An extremely rare “alien” CryptoPunk has fetched $23.7 million An ultra-rare pixelated “alien” from the CryptoPunk collection, which consists of 10,000 non-fungible tokens, has been sold ...
Gate.io Surpasses 10 Million Registered Users, After A Year Of Rapid Growth
SIngapore, Singapore, 13th February, 2022, Chainwire Leading cryptocurrency exchange, Gate.io announced that its total registered users had crossed the 10 million mark. This caps off an incredible 202...
Rare Alien CryptoPunk NFT Sells for $23.7 Million
Key Takeaways Punk #5822, one of nine Aliens in the CryptoPunks NFT collection, has sold for 8,000 Ethereum to Deepak Thapliyal. At a price of $23.7 million, Punk #5822 has broken the previous record ...
Report: BlockFi Inc. might have to shed $100 million to settle with the regulators
Bloomberg reported citing sources that BlockFi Inc. might have to pay $100 million to settle with the Securities and Exchange Commission (SEC) and the state regulators. The allegations include offerin...
Nokia to launch equivalent of up to $342 million in stock repurchases
Shares of Nokia Corp. NOK, -1.95% NOKIA, -0.91% rose 0.4% in premarket trading Friday, after the Finland-based network infrastructure company said it plans to start buying back up to EUR300 million ($...
Russia Halts Four Dark Web Sites With $263 Million in Crypto Sales: Elliptic
The Russian Ministry of Internal Affairs has reportedly taken down four major illegal Dark Web sites, which have made over $260 million in cryptocurrency proceeds from the sale of stolen credit cards....
How a hack, a bug of $80 million, turned out to be the reason for a crypto firm breaking up!
Lately, a bug was reported on a finance platform that then lost millions worth of coins and broke so much that they might not be able to continue their operation. The announcement by Bunny Finance an...
Cryptocurrency Worth $435 Million Seized by 12 UK Police Forces in Five Years – Coinotizia
U.K. police have revealed how much cryptocurrency they have seized in the past five years in response to Freedom of Information requests. The London Metropolitan Police seized more bitcoins than other...
Ransomware Attacks Grew To $602 Million In 2021, Report
A blockchain research firm, Chainalysis, revealed crypto-ransomware attacks of 2021 racked up $602 million in Bitcoin and other currencies, and that figure could be even higher. In addition, the repor...
Drake Makes a Bitcoin Bet Worth Nearly $1.3 Million on Upcoming Super Bowl Match
Popular Canadian rapper Aubrey Drake Graham, also known mononymously as Drake, made a massive bitcoin bet on Sunday’s Super Bowl Game between the Los Angeles Rams (LA Rams) and the Cincinnati Bengals....